American farmers are supposed to make a living raising and marketing crops and livestock, and many full-time farmers are very good at doing just that. They are also effective at obtaining income through the generosity of their elected representatives at the expense of taxpayers. The main farm subsidy programs were introduced in the 1930s when many dirt-poor Dust Bowl farmers were in dire straits, as, of course, were many Depression-decimated families in the cities. Since the end of World War II, however, farmers and their families have substantially improved their absolute and relative economic stations. The average farm family currently earns substantially more income than the average nonfarm family and is much wealthier. Moreover, debt-to-asset ratios are far lower among family farm businesses than family-owned mainstreet businesses-or, for that matter, most large corporations-and have been much lower for most of the last thirty years.
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The Shadow Financial Regulatory Committee (SFRC) is a group of publicly recognized independent experts on the financial services industry — including experts in banking, insurance, and securities — who meet regularly to study and critique regulatory policies affecting this sector of the economy.
This event has been cancelled due to inclement weather.
At a Capitol Hill luncheon event, Westchester County Executive, Robert Astorino, will present his first-hand experience with HUD's demands to sue localities over common zoning regulations in an effort to dismantle local zoning as it is known today.
AEI's Marilyn Ware Center for Security Studies will host General Mark Welsh III, Chief of Staff of the US Air Force for the concluding session of its series with the Joint Chiefs of Staff.
Join AEI for a discussion of two new policy proposals that address the use of road pricing and public-private partnerships, as well as state efforts to enhance infrastructure and economic competitiveness.
Join AEI for a discussion of professional sports subsidies and — fittingly — for a free lunch.
AEI’s Jeffrey Eisenach will argue in favor of a generic antitrust enforcement model with primary enforcement by the FTC and Jonathan Baker of American University will maintain that an industry-specific regulator like the FCC is needed to work with antitrust enforcers to shape competition in the broadband industry. The debate will be moderated by US Court of Appeals Judge Stephen Williams.